As interest rates rise, the expected absolute return of money ________, money's expected return relative to bonds ________
A) does not change; decrease
B) rises; decrease
C) does not change; increase
D) falls; decrease
A
You might also like to view...
If Mother Teresa had spent $190,000 on a leprosarium in Calcutta, how would her purchase have directly affected U.S. GDP?
A) It would remain unchanged because the expenditure occurred outside the domestic economy. B) It would remain unchanged because Mother Teresa was not acting out of her own selfish interests. C) It would have increased by $190,000. D) It would have decreased by $190,000.
Refer to Table 2-13. What is Tammi's opportunity cost of grooming a dog?
A) two bathed cats B) half a bathed cat C) one and a half bathed cats D) two-thirds of a bathed cat
The short-run supply curve of the perfectly competitive industry is found by summing the
A. AC curves of the individual firms in the industry. B. AVC curves of the individual firms in the industry. C. MC curves above AVC of the individual firms in the industry. D. There is no short-run supply curve in a competitive industry.
Which of the following is true if the opportunity cost of producing a particular good is less than its accounting profit?
a. Economic profit is zero. b. Economic profit is negative. c. Economic profit is positive. d. Economic profit cannot be determined.